Air Canada Management

Management criteria checks 4/4

Air Canada's CEO is Mike Rousseau, appointed in Feb 2021, has a tenure of 3.25 years. total yearly compensation is CA$12.08M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.045% of the company’s shares, worth $2.20M. The average tenure of the management team and the board of directors is 3 years and 9.3 years respectively.

Key information

Mike Rousseau

Chief executive officer

CA$12.1m

Total compensation

CEO salary percentage	10.8%
CEO tenure	3.3yrs
CEO ownership	0.04%
Management average tenure	3yrs
Board average tenure	9.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Rousseau's remuneration changed compared to Air Canada's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	CA$2b
Dec 31 2023	CA$12m	CA$1m	CA$2b
Sep 30 2023	n/a	n/a	CA$2b
Jun 30 2023	n/a	n/a	CA$502m
Mar 31 2023	n/a	n/a	-CA$722m
Dec 31 2022	CA$12m	CA$1m	-CA$2b
Sep 30 2022	n/a	n/a	-CA$2b
Jun 30 2022	n/a	n/a	-CA$2b
Mar 31 2022	n/a	n/a	-CA$3b
Dec 31 2021	CA$4m	CA$500k	-CA$4b
Sep 30 2021	n/a	n/a	-CA$4b
Jun 30 2021	n/a	n/a	-CA$4b
Mar 31 2021	n/a	n/a	-CA$5b
Dec 31 2020	CA$3m	CA$455k	-CA$5b
Sep 30 2020	n/a	n/a	-CA$3b
Jun 30 2020	n/a	n/a	-CA$2b
Mar 31 2020	n/a	n/a	CA$82m
Dec 31 2019	CA$4m	CA$700k	CA$1b
Sep 30 2019	n/a	n/a	CA$964m
Jun 30 2019	n/a	n/a	CA$1b
Mar 31 2019	n/a	n/a	CA$585m
Dec 31 2018	CA$4m	CA$650k	CA$37m
Sep 30 2018	n/a	n/a	CA$405m
Jun 30 2018	n/a	n/a	CA$1b
Mar 31 2018	n/a	n/a	CA$2b
Dec 31 2017	CA$3m	CA$580k	CA$2b

Compensation vs Market: Mike's total compensation ($USD8.83M) is about average for companies of similar size in the US market ($USD8.44M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Rousseau (65 yo)

3.3yrs

Tenure

CA$12,084,700

Compensation

Mr. Michael Stewart Rousseau, also known as Mike, has been Chief Executive Officer and President of Air Canada, a subsidiary of Ace Aviation Holdings Inc. since February 15, 2021 and its Director since Feb...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Rousseau	CEO, President & Director	3.3yrs	CA$12.08m	0.045% CA$ 2.2m
John Di Bert	Executive VP & CFO	less than a year	CA$3.35m	0.000080% CA$ 3.9k
Craig Landry	Executive VP & Chief Operations Officer	5.3yrs	CA$3.82m	0.0078% CA$ 383.9k
Marc Barbeau	Executive VP	2.8yrs	CA$2.09m	no data
Arielle Meloul-Wechsler	Executive VP and Chief Human Resources & Public Affairs	10.7yrs	CA$2.68m	0.0047% CA$ 232.5k
Melvin Crocker	Chief Information Officer	2.7yrs	no data	0.00033% CA$ 16.2k
Valerie Durand	Head of Investor Relations & Corporate Sustainability	no data	no data	no data
Mark Nasr	Executive Vice President Marketing & Digital and President of Aeroplan	no data	no data	0.0044% CA$ 217.3k
John MacLeod	Vice President of Global Sales & Alliances	no data	no data	no data
Richard Steer	Senior Vice President of Operations & Express Carriers	no data	no data	no data
Mark Galardo	Executive Vice President	no data	no data	0.00011% CA$ 5.4k
Vincent Morin	President of Air Canada Pension Investments	no data	no data	no data

3.0yrs

Average Tenure

59yo

Average Age

Experienced Management: ACDV.F's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Rousseau	CEO, President & Director	3.3yrs	CA$12.08m	0.045% CA$ 2.2m
Kathleen Taylor	Independent Director	8yrs	CA$230.00k	0.0028% CA$ 137.2k
Michael Wilson	Independent Director	9.6yrs	CA$230.00k	0.0021% CA$ 102.3k
Madeleine Paquin	Independent Director	9yrs	CA$215.00k	0.0018% CA$ 89.0k
Annette Verschuren	Independent Director	11.5yrs	CA$230.00k	0.017% CA$ 852.4k
Vagn Ove Sorensen	Independent Chairman of the Board	17.5yrs	CA$415.00k	0.0054% CA$ 264.5k
Christie James Clark	Independent Director	10.9yrs	CA$230.00k	0.022% CA$ 1.1m
Jean Huot	Independent Director	15yrs	CA$215.00k	0.0087% CA$ 426.2k
Robert Fyfe	Independent Director	6.7yrs	CA$225.00k	no data
Michael Green	Independent Director	15.2yrs	CA$215.00k	0.025% CA$ 1.2m
Amee Chande	Independent Director	3.9yrs	CA$220.00k	0.0040% CA$ 199.1k
Gary Doer	Independent Director	6.1yrs	CA$215.00k	0.022% CA$ 1.1m

9.3yrs

Average Tenure

64.5yo

Average Age

Experienced Board: ACDV.F's board of directors are considered experienced (9.3 years average tenure).

Air Canada Management

Management criteria checks 4/4

Key information

Recent management updates

Air Canada Announces Customer Accessibility Advisory Committee

Air Canada, Annual General Meeting, Mar 28, 2024

Air Canada Elects Claudette McGowan as Director

Air Canada, Annual General Meeting, May 12, 2023

Air Canada Announces Executive Changes

Air Canada Announces Appointment of Amos Kazzaz as Executive Vice President Effective February 15, 2021

Recent updates

Air Canada Inaugurates Motorcoach Service Linking Hamilton and Region of Waterloo Airports with Toronto Pearson

Air Canada to Report Q1, 2024 Results on May 02, 2024

Air Canada Inaugurates Newest Pacific Route from Vancouver to Singapore

Air Canada Provides Operating Guidance for the First Quarter of 2024 and Full Year 2024

Air Canada Announces Customer Accessibility Advisory Committee

Air Canada, Annual General Meeting, Mar 28, 2024

Air Canada Makes Europe Easier to Explore by Offering Customers Convenient New Air-To- Rail Connections

Air Canada Revises Operating Guidance for the Full Year 2023

Air Canada's Inaugural Flight from Vancouver Arrives in Dubai

Air Canada to Report Q3, 2023 Results on Oct 30, 2023

Air Canada Provides Operating Guidance for the Third Quarter of 2023

Air Canada to Report Q2, 2023 Results on Aug 11, 2023

Air Canada to Launch New Vancouver to Singapore Service

Air Canada Unveils Its Most Comprehensive Winter Sun Schedule to Popular Vacation Destinations

Air Canada Elects Claudette McGowan as Director

Air Canada Provides Operating Guidance for the First Quarter of 2023 and Full Year 2023

Air Canada, Annual General Meeting, May 12, 2023

Air Canada to Report Q4, 2022 Results on Feb 17, 2023

Air Canada Announces Executive Changes

Air Canada to Launch New, Non-Stop Transborder Routes to the U.S. from Halifax and Vancouver

Air Canada Provides Operating Guidance for the Third Quarter and Full Year of 2022

Air Canada to Report Q3, 2022 Results on Oct 28, 2022

Air Canada Provides Operating Guidance for the Second Quarter of 2022 and Reiterates Operating Guidance for the Full Year 2022

Air Canada to Report Q1, 2022 Results on Apr 26, 2022

Settlements Totalling $16 Million Have Been Reached with British Airways and Air Canada

Air Canada Launches New Non-Stop Service to Vancouver from Halifax Stanfield

Air Canada Provides Operating Guidance for the First Quarter of 2022

Air Canada's First Boeing 767-300ER Freighter Enters Service

Air Canada Resumes Service Between Canada and India

Air Canada Provides Operating Guidance for the Third Quarter of 2021

Air Canada Ready to Reconnect Canada and U.S. Travel with Up to 220 Daily Flights Between the Two Countries

Air Canada's New Service Between Montreal and Kelowna Celebrated At Kelowna International Airport

Air Canada Introduces a Digital Solution to Simplify Covid-19 Related Travel Requirements

Air Canada Inaugurates New Service from Montreal to Cairo, Egypt

Air Canada Cargo Announces Launch Routes for its Newly Converted Freighter Aircraft Arriving This Fall

Air Canada Provides Operating Guidance for the Second Quarter of 2021

Air Canada announced that it expects to receive CAD 500.67288 million in funding from Canada

Jazz Aviation LP Announces Revisions to the Capacity Purchase Agreement with Air Canada

Transat Announces Approval of Its Arrangement with Air Canada by Canadian Authorities

Air Canada to Suspend Flights to the Caribbean and Mexico At the Request Of, and to Support Government of Canada COVID-19 Mitigation Efforts

Air Canada to Resume Boeing 737 MAX Commercial Operations February 1, 2021

Air Canada Implements Additional Capacity and Workforce Reductions

Air Canada has completed a Follow-on Equity Offering in the amount of CAD 850.08 million.

Air Canada Announces a New Strategic Cooperation Agreement with Qatar Airways as Service to Doha Begins

Air Canada Announces Appointment of Amos Kazzaz as Executive Vice President Effective February 15, 2021

Air Canada Collaborates with Shoppers Drug Mart to Deliver A COVID-19 Testing Solution for Customers

Air Canada Announces Executive Changes

Air Canada Announces Change of Chief Executive Officer, Effective February 15, 2021

Air Canada to Report Q3, 2020 Results on Nov 09, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age